The Keystone State’s gaming earnings hit a hefty $447.8 million in the fifth month of the year. This represents a solid 8.4% jump from the same period last year.
The overall market earnings saw a climb from $413.2 million in May of the previous year. However, this figure dipped by 3.2% compared to the record-breaking $462.7 million achieved in the preceding month.
Traditional, physical gambling venues remain the top choice for players in the state. Revenue from land-based slot machines saw a 2.1% annual increase, reaching $205.7 million. Meanwhile, revenue from table games at these venues experienced a more substantial 14.7% rise, hitting $88.6 million.
The realm of sports betting also saw growth, with revenue climbing by 26.2% to $35 million. However, only $2.8 million of this came from physical locations, with the remaining $32.3 million attributed to online wagering. The state’s total handle also experienced a 10.3% increase, reaching $493.4 million.
Valley Forge, in partnership with FanDuel, maintained its dominant position in the sports betting market. They generated $19.8 million in revenue from a total of $193.4 million in wagers.
Meadows’ Hollywood Casino Barstool Sportsbook came in a close second, generating $7.1 million in revenue from $111.5 million in bets. Following them was Penn National’s Hollywood Casino and DraftKings, which brought in $1.9 million in revenue from $34.4 million in bets.
Shifting focus to online casino activity, internet slot machine game revenue saw a robust 16.3% increase, reaching $78.2 million. Online table game revenue also experienced growth, rising by 2.8% to $32.3 million. Online poker revenue also saw a positive trend, growing by 8.0% to $2.8 million.
Penn National’s Hollywood Casino holds the top spot in the iGaming sector, boasting revenue of $45.
The Philadelphia Rivers Casino generated $26.9 million in income, followed by the Valley Forge Casino Resort at $21.2 million. Another gambling establishment brought in $5 million.
Earnings from video gaming terminals rose by 1.8% to $3.7 million, but fantasy sports revenue decreased by 20.7% to $1.6 million. This was the only sector in Pennsylvania that didn’t witness growth in May.
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